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Outlook & Strategy

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Photo showing WAVEGEM platform at SEM-REV test site (Courtesy of Centrale Nantes/SEM-REV)
Outlook & Strategy

SafeWAVE kicks off wave energy environmental data collection

The partners in the EU-backed SafeWAVE project have started collecting environmental data around GEPS Techno’s wave and solar energy hybrid WAVEGEM at SEM-REV test site in France.

about 5 years ago
Illustration/Wavepiston's wave energy collectors at PLOCAN (Courtesy of PLOCAN)
Outlook & Strategy

Wavepiston aces FATs for power generation and desalination units

Danish wave energy company Wavepiston has completed the factory acceptance test (FAT) for its wave energy power generation and desalination units that will be deployed off Canary Islands.

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about 5 years ago
Greenland
Outlook & Strategy

Greenland says ‘NO’ to further oil exploration. Focus on renewable energy

Greenland has put a halt to its 50-year attempt to become an oil producing nation after announcing it would stop granting exploration licences and suspend a strategy of searching for oil.

about 5 years ago
Photo showing Crestwing's wave device scale model testing at DHI (Courtesy of Crestwing)
Outlook & Strategy

Crestwing wraps wave device optimisation tests

Danish wave energy developer Crestwing has concluded the testing activities on its scale wave energy device model at Danish Hydraulic Institute (DHI).

about 5 years ago
MINSHIP
Outlook & Strategy

MINSHIP, Auerbach form joint ship management firm

Germany’s bulk operator MINSHIP Shipmanagement and compatriot multipurpose (MPP) vessel specialist Auerbach Schifffahrt have decided to join forces to create a consolidated ship management company.

about 5 years ago
Illustration/Submerged tidal turbine at MeyGen site (Courtesy of SIMEC Atlantis Energy)
Outlook & Strategy

Risk of collisions between tidal turbines and porpoises low, research finds

A key research, published by the Sea Mammal Research Unit (SMRU) at the University of St Andrews, has found that harbour porpoises exhibit localised evasion of an operational tidal turbine at the Meygen tidal energy site offshore Scotland.

about 5 years ago
MSC
Outlook & Strategy

MSC, Shell partner up to accelerate maritime decarbonization

Swiss shipping major Mediterranean Shipping Company (MSC) and Shell International Petroleum Company Limited, a subsidiary of energy major Shell, have agreed to work closely together to help accelerate the decarbonisation of the global shipping sector.

about 5 years ago
Photo showing the Morlais Demonstration Zone (Courtesy of Welsh Government)
Outlook & Strategy

Anglesey tidal energy project in line for £9 million funding boost

The Morlais tidal stream energy project has taken a significant step forward following approval of its outline business case by the North Wales Economic Ambition Board.

about 5 years ago
EU
Outlook & Strategy

EU revises ETS to include shipping sector

In a new climate plan, the European Commission has proposed to extend the scope of the EU’s Emissions Trading System to cover CO2 emissions from ships.

about 5 years ago
Global OTEC Resources' floating OTEC concept (Courtesy of Global OTEC Resources)
Outlook & Strategy

Alliance formed to bring floating OTEC to small islands

SIDS DOCK has signed an agreement with Global OTEC Resources to collaborate on developing and deploying floating ocean thermal energy conversion (OTEC) technology in small island states.

about 5 years ago
Oceans of Energy's offshore floating solar system (Courtesy of Oceans of Energy)
Outlook & Strategy

Oceans of Energy’s floating solar system weathers through all North Sea storms

Dutch developer of offshore floating solar technology Oceans of Energy has reached a milestone with its offshore floating solar demonstrator which survived all storms encountered in the North Sea in the past 18 months.

about 5 years ago
World’s recoverable oil resources take a hit, Rystad says
Outlook & Strategy

World’s recoverable oil resources take a hit, Rystad says

The world’s remaining recoverable oil resources are now seen as 9% slimmer but the commercial volumes can keep global warming below 1.8˚C.

about 5 years ago
Danaos
Outlook & Strategy

Danaos buys six eco-friendly boxships

Athens-based containership owner and operator Danaos Corporation has entered into an agreement to acquire six 5,466 TEU container vessels built at Hanjin Subic Bay shipyard.

about 5 years ago
Siem Offshore
Outlook & Strategy

Siem Offshore picks new chief financial officer

Offshore vessel owner Siem Offshore has named a new chief financial officer of the company, effective from 1 August 2021.

about 5 years ago